SouthStar Funding, one of the fastest growing wholesale mortgage lenders in the country, has selected Mortgage Cadence, an enterprise-wide mortgage lending solution and decisioning platform, to streamline its processes and improve customer service by providing correspondents and brokers with direct access to its products, pricing and full lending services via SouthStar.com. This announcement was made at the Mortgage Bankers Association's (MBA) 91st Annual Convention.

"Advancement in automation is a key component of SouthStar's business strategy to secure market share," said Warren Royal, vice president of Technology for SouthStar. "Mortgage Cadence was a clear fit for our desire to leverage sophisticated technology and accomplish our mission of providing industry-leading service that supports a comprehensive lending product line for all of our originators."

According to Royal, Mortgage Cadence exceeds the elementary requirements of a loan origination system providing optimal workflow and automation tools; integrated product and pricing functionality; and extensive support for SouthStar's credit policy validation. Mortgage Cadence provides a solid foundation and unique extensibility tools to rapidly deploy SouthStar's new business initiatives. Royal plans to extend the full suite of wholesale services to SouthStar's growing multi-channel, multi-product business model.

Additionally, SouthStar was impressed with the robust Customer Relationship Management (CRM) module that enables dynamic partner and client management essential to its core customer service strategy.

SouthStar's core product offerings include sub-prime, interest only and Alt-A financing nationwide. The company generated $3.4 billion in wholesale production in 2003 and is on target for $4.4 billion for 2004.

Mortgage Cadence is a technology platform designed for lenders who want to increase business workflow efficiencies, scalability and profitability. It delivers enterprise-wide functionality from a single production database and allows for institution-specific customization.

"3t Systems shares with SouthStar the core value of forming and maintaining long-term partnerships," said Mike Detwiler, president of 3t Systems. "Mortgage Cadence was built from the ground up to allow lenders to accomplish their long-term strategic objectives, whatever those might be."


About 3t Systems
Headquartered in Denver, Colo., 3t Systems specializes in information technology integration, custom software development, network infrastructure and outsourcing solutions. Founded in 1994, 3t Systems delivers technical expertise combined with broad project experience and provides implementation services such as security, Microsoft .NET applications, BizTalk, business intelligence and CRM solutions. In 1999, 3t released its first version of Mortgage Cadence, a proprietary end-to-end loan origination software application for the mortgage banking industry. For more information about products and services provided by 3t Systems, visit www.3tsystems.com.

About SouthStar Funding
Headquartered in Atlanta, Georgia, SouthStar Funding opened its doors in June 1998 to offer wholesale financing for the sub-prime, residential mortgage market. Initially concentrating on the southeast, the company has quickly grown into one of the most successful and trusted mortgage lenders in the United States. All four founding partners had extensive experience in the sub-prime lending industry, and together they assembled the recipe for SouthStar's ongoing success: superior employees, excellent customer service, and a broad array of products. SouthStar now offers sub-prime, Interest-Only, and Alt A products and is continually expanding its product portfolio. For more information about products and services provided by SouthStar Funding, visit www.southstar.com.